CHAPTER 206M

HAWAII TECHNOLOGY DEVELOPMENT CORPORATION

 

        Part I.  General Provisions

Section

    206M-1 Definitions

    206M-2 Establishment of the Hawaii technology development

           corporation; purpose

  206M-2.5 Meetings of the board

    206M-3 Powers, generally

  206M-3.4 Contracts for services necessary for management

           and operation of corporation

  206M-3.5 Annual reports

    206M-4 Compliance with state and local law

    206M-5 Development rules

    206M-6 Use of public lands

    206M-7 Conditions precedent to negotiating and entering into

           a project agreement

    206M-8 Project agreement

    206M-9 Issuance of special purpose revenue bonds; bond

           anticipation notes; refunding bonds

   206M-10 Authorization for loans; loan terms and conditions;

           loan procedure

   206M-11 Special purpose revenue bonds not a general

           or moral obligation of State

   206M-12 Special purpose revenue bonds exempt from taxation

 206M-12.5 Federal tax-exempt status

   206M-13 Special purpose revenue bonds as legal

           investments and lawful security

   206M-14 Status of special purpose revenue bonds under

           the Uniform Commercial Code

   206M-15 Technology research and development loans and

           grants

 206M-15.1 Manufacturing development program; established

 206M-15.2 Research and development program established

 206M-15.3 Research and development special fund; established

 206M-15.5 Technology special fund

 206M-15.6 Hawaii technology loan revolving fund

   206M-16 Exemption of development corporation from taxation

           and competitive bidding

   206M-17 Revenue bond fund accounts

   206M-18 Assistance by state and county agencies

   206M-19 Court proceedings; preferences

   206M-20 Construction of this chapter

   206M-21 Confidentiality of trade secrets or the like;

           disclosure of financial information

   206M-22 Limitation on liability

   206M-23 Hydrogen implementation coordinator

 

        Part II.  Hawaii Software Service Center--Repealed

   206M-31 to 35 Repealed

 

        Part III.  Special Facility Revenue Bonds

   206M-41 Definitions

   206M-42 Powers

   206M-43 Findings and determinations for special facility

           leases

   206M-44 Special facility lease

   206M-45 Special facility revenue bonds

 

        Part IV.  High Technology Innovation

                   Corporation--Repealed

   206M-51 to 59 Repealed

 

        Part V.  Strategic Development Programs

         A.  General Provisions

   206M-61 Strategic development programs; purpose; powers

   206M-62 Strategic development programs revolving fund

   206M-63 Hydrogen investment special fund

   206M-64 Contracts for services necessary for management and

           operation of the strategic development programs

   206M-65 Actions of the development corporation; guidelines

   206M-66 Business and industry evaluation and priorities for

           job opportunity and economic development

   206M-67 Confidentiality of trade secrets or the like;

           disclosure of financial information

   206M-68 Requests for assistance from the development

           corporation; procedure

   206M-69 Private sector financial support

   206M-70 Limitations on debt owed to the development

           corporation

   206M-71 Limitation on liability

   206M-72 HI growth initiative; report to legislature

   206M-73 Annual audit

 

         B.  Program for Seed Capital Assistance

   206M-74 Establishment

   206M-75 Seed capital investments

   206M-76 Purposes and terms of investments

 

         C.  Program for Venture Capital Assistance

   206M-77 Establishment

   206M-78 Venture capital investments

   206M-79 Purposes and terms of investments

 

         D.  Program for Capital Access

   206M-80 Establishment

   206M-81 Financial assistance

   206M-82 Purposes and priorities required in the procuring of

           insurance, loan guarantees, or letters of credit

   206M-83 Conditions for procuring of insurance, loan

           guarantees, or letters of credit

   206M-84 Program for capital access participation agreements

   206M-85 Establishment of special funds to secure loan

           insurance obligations; source of funds

 

Note

 

  Chapter heading amended by L 2017, c 69, §2.

  L 2017, c 69, §9 provides:

  "SECTION 9.  This Act shall not affect the validity of any contract, lease, rule, other document, or appropriation that uses the term "high technology development corporation" or "high technology special fund.""

  Hydrogen implementation working group (ceases to exist July 1, 2030).  L 2015, c 98, §2.